The company said it now expects sales of $2.2 billion plus or minus 2% for the fiscal fourth quarter, versus the Wall Street consensus expectations of $2.7 billion, according to FactSet. Nvidia’s previous guidance was also for $2.7 billion for the same quarter.

Nvidia said “deteriorating macroeconomic conditions” in China hurt demand for its gaming-graphics cards. The company added that sales for its latest-generation cards using the Turing architecture were lower than expected. The company also said it saw data center customers being more “cautious” this month.

Nvidia is slated to report its fiscal-fourth-quarter results and give guidance for its April quarter on Feb. 14.

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